Shipping industry calls for action on multi-billion decarbonisation fund

A number of international shipowner associations have called for governments to act decisively in November to support the creation of an IMO-supervised USD 5 billion R&D Fund programme, to be led by a new International Maritime Research and Development Board (IMRB).

Shipping accounts for 3-4% of global emissions Photo: 2018 Bloomberg Finance LP

A number of international shipowner associations have called for governments to act decisively in November to support the creation of an IMO-supervised USD 5 billion R&D Fund programme, to be led by a new International Maritime Research and Development Board (IMRB).

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